CNBC Tech - Gaming

Business news related to the technology industry, including Apple, Amazon, Microsoft, Google, and Facebook, plus consumer electronics, start-ups, cryptocurrency, media, advertising, streaming, venture capital, antitrust and regulation.
  1. Shares of Japan's SoftBank Group plunged, following a broader slump in AI-related stocks as investors once again grew wary of the sector's lofty valuations.
  2. China's strategy for competing with the U.S. on AI revolves around huge clusters of Huawei chips and cheap energy.
  3. Tesla shareholders approved CEO Elon Musk's historic pay package at the company's annual shareholders meeting in Austin, Texas.
  4. Shares of Airbnb rose in extended trading after the company reporter third-quarter results that beat revenue expectations.
  5. GTA VI was initially set for a fall 2025 launch but has faced multiple delays.
  6. OpenAI has inked more than $1.4 trillion of infrastructure deals, raising questions about how it will pay for those commitments.
  7. Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
  8. Meta projected that about $16 billion in 2024 revenue came from running ads for scams and banned goods, according to a Thursday report from Reuters. 
  9. Sacks' comments came after OpenAI CFO Sarah Friar mentioned a federal "backstop" during a conference.
  10. The MAI Superintelligence Team will pursue research for improving artificial intelligence companions, diagnosing diseases and generating renewable energy.